Thailand's property market is "expected to remain stable", according to the SCB Economic Intelligence Center. The firm's figures show that the country's property market is not heading towards a bubble, despite fears surrounding price rises.
"A real estate or property bubble is characterised by rapid and continued increases in valuations of real property, causing speculation," EIC analyst Alisa Tamprasirt told the Bangkok Post. "But it's difficult to classify which demand is real and which is speculation."..............................................Full Article: Source